Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 15 to 74 Years for Spain
Annual, Not Seasonally Adjusted
LRAC74TTESA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
65.28
Year-over-Year Change
-1.84%
Date Range
1/1/1999 - 1/1/2024
Summary
This economic trend measures the annual average of real personal consumption expenditures on transportation services, a key indicator of consumer demand and economic activity.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 'Annual, Not Seasonally Adjusted' trend for real personal consumption expenditures on transportation services provides a comprehensive view of long-term consumer spending patterns on transportation, a major component of the economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
This metric is closely watched by policymakers, analysts, and investors to gauge consumer behavior and economic health.
Key Facts
- Transportation services account for over 3% of total personal consumption expenditures.
- Real spending on transportation services has grown by over 30% in the past decade.
- The trend is a crucial input for GDP and economic growth projections.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual average of real personal consumption expenditures on transportation services, providing insight into consumer demand for transportation-related goods and services.
Q: Why is this trend relevant for users or analysts?
A: Transportation services spending is a key component of consumer spending and a vital indicator of economic activity, making this trend highly relevant for policymakers, analysts, and investors.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by the Federal Reserve and other policymakers to gauge consumer behavior and inform economic policy decisions, such as interest rate adjustments and fiscal stimulus measures.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a lag of approximately 3 months, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRAC74TTESA156N), retrieved from FRED.